
Cheap Apartments for Rent in Monticello, KY from $600 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Monticello.


Mason Greene

Eagle Creek Apartments

Betty Jane Apartments

Charles Seivers Towers

Eagle Village

University Towers

Saxony Apartment Homes
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3321 KY-1247

WILLOW PARK APARTMENTS

Cypress Creek

Willow Run Apartments

Fry Estates Apartments

Century Lofts

67 Margaret Rose Ln

ELEVEN50
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Arrowhead Ranch

Green River Lake Commons

Views at Elm Grove

113 Ringgold Rd

Governors Place

Alluvian Terrace

Oakhill Apartments

230 New Oak Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

599 Harris Creek Rd

2410 N Hwy 25 W

19 Driftwood Cir

50 Driftwood Cir

46 Sandalwood Wy

33 Driftwood Cir

71 Driftwood Cir

426 College St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Magnolia Terrace

508 E Broad St

51 Lee's Ford Dock Rd

709 W Columbia St

214 New Oak Rd

Woodbury Crossing

115 Beecher St

302 American Greeting Card Rd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

180 Stone Henge Ln
Monticello, KY Local Guide

How much does it cost to rent an apartment in Monticello?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monticello Studio Apartments | $925 | $925 | $925 |
| Monticello 1 Bedroom Apartments | $1,276 | $700 | $1,713 |
| Monticello 2 Bedroom Apartments | $1,403 | $860 | $1,905 |
| Monticello 3 Bedroom Apartments | $1,843 | $1,000 | $3,035 |
| Monticello 4 Bedroom Apartments | $2,834 | $2,489 | $3,028 |
Browse Top Apartments in Monticello
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Monticello, KY Local Guide
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Cheapest Available Monticello Apartments for Rent and Nearby
 The cheapest available apartment rental in Monticello, KY is a 1 Bed unit found at Eagle Creek Apartments priced from $700. Betty Jane Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Monticello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Creek Apartments | one bdr with balcony | 1BR,1BA | $700 |
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $700 |
| Eagle Village | Studio | Studio,1BA | $800 |
| University Towers | Studios | 1BR,1BA | $800 |
| Mason Greene | 3 Bedroom Townhouse | 3BR,1BA | $911 |
| Cypress Creek | 2 Bedroom 2 Bathroom | 2BR,2BA | $912 |
| Saxony Apartment Homes | 1BR/1BA w/d | 1BR,1BA | $921 |
| Century Lofts | One Bed | 1BR,1BA | $1,000 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,005 |
| Woodbury Crossing | 2 A Floor Plan | 2BR,1BA | $1,096 |
Best Value Apartments for Rent in Monticello, KY and Nearby
As of April 24, 2026 the best value apartment in the Monticello area is the $1.41 price per square foot The Garrett Model at Highbury in the starting from $1,775. The second greatest value Monticello apartment is the The Dream Model at Green River Lake Commons starting at $1,144 with a $0.94 price per square foot . Here is today’s list of the best values for Monticello apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Highbury | The Garrett | 2BR,2.5BA | $1.41 |
| Green River Lake Commons | The Dream | 3BR,2BA | $0.94 |
| Rand 938 Townhomes | McCloud Duplex | 2BR,1.5BA | $1.44 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.05 |
| Arrowhead Ranch | RHP | 2BR,2BA | $1.14 |
| Cypress Creek | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.98 |
| Woodbury Crossing | 2 A Floor Plan | 2BR,1BA | $1.21 |
| Mason Greene | 3 Bedroom Townhouse | 3BR,1.5BA | $1.14 |
| Century Lofts | One Bed | 1BR,1BA | $1.43 |
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.27 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monticello, KY Rentals by Map
See the most popular apartments and homes in Monticello, KY
Frequently Asked Questions about Cheap Monticello Apartments
How much is rent for a Cheap One Bedroom Monticello Apartment?
The lowest price for a Cheap One Bedroom Monticello Apartment is $700 at Eagle Creek Apartments.
What is the lowest price for a Cheap Two Bedroom Monticello Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monticello is starting from $860 at Betty Jane Apartments.
What is the most affordable Monticello Three Bedroom Apartment?
The best deal on a cheap Monticello Three Bedroom Apartment rental is at Mason Greene and starts from $911.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.